A new bill by Representatives Mike Kelly (R-PA), Chairman of the Ways and Means Subcommittee on Tax; Dan Kildee (D-MI); Carol Miller (R-WV); and Terri Sewell (D-AL) would require mandatory data reporting for public housing projects. What does that mean for landlords and renters/buyers alike?
Read More »House Releases Amicus Brief on CFPB Constitutionality Case
According to the brief, the House of Representatives believes that the case has no bearing on the constitutionality of the Consumer Financial Protection Bureau.
Read More »Financial Services Bills Address Rural Housing and Appraisals
The U.S. House of Representatives passed five bills offered by House Financial Services Committee Members on Tuesday, three of which are directly housing related.
Read More »House Passes Disaster Relief Bill
After being previously blocked in the House of Representatives, the Disaster Relief bill is set to move to President Trump for his sign-off.
Read More »Wells Fargo’s Sloan and CFPB’s Kraninger Appear Before Congress
The bank's CEO and the bureau's Director appeared Tuesday morning before different congressional committees. Click through to follow our developing coverage.
Read More »Fannie Mae Responds to Hensarling Critiques
Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, said on Friday that the committee would be launching a full investigation into recent allegations in a Bloomberg report that high-ranking Fannie Mae employees were intentionally violating their government prohibition ...
Read More »House Bill Would Streamline Volcker Rule
The push to streamline reforms put in place after the financial crisis continues as the House of Representatives has passed a new bill that would streamline the Volcker Rule. Implemented as part of the larger Dodd-Frank Wall Street Reform and ...
Read More »Streamlining Banking Processes
The House passed two bipartisan bills that are aimed at increasing accountability for both, banks and nonbanks.
Read More »House Passes Four Financial Services Bills
All eyes were on the Senate Tuesday afternoon as it took up discussion of the Economic Growth, Regulatory Relief, and Consumer Protection Act, a bipartisan bill that would scale back and modify certain regulations put in place by the 2010 ...
Read More »Powell Doubles Down on “Further Gradual” Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...
Read More »